With all due respect for shareholder sentiments, Morningstar is a POS. They always had a thing against FMG and consistently kept their valuation at 2 to 3 bucks while FMG was flying in the 4s and 5s. Then they capitulated and increased their valuation to $5.5. That upgrade preceded a downfall from which FMG has not recovered yet and now they have reverted their target to $1. Meanwhile Morninstar keep their buy rating on debt-laden peers like STO which are similar in some respects to companies like FMG (high debt built up in increasing production capacity), for reasons which baffle me. High time Ian Huntley retired and stopped being a danger to other people's investment portfolios.
In buy territory???, page-24
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Last
$18.49 |
Change
0.240(1.32%) |
Mkt cap ! $27.83B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.49 | $18.13 | $58.90M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 56 | $18.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 25787 | 11 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |